NFL insider reveals why Packers still haven't agreed Jordan Love contract extension

Green Bay Packers quarterback Jordan Love
Green Bay Packers quarterback Jordan Love / Stacy Revere/GettyImages
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In the near future, news will break that the Green Bay Packers have signed Jordan Love to an extension that makes him one of the highest-paid quarterbacks in the NFL.

General manager Brian Gutekunst circled the beginning of training camp as a target to get it done. Until then, we can assume it will happen as planned. However, it's somewhat surprising it has taken this long. In March, Gutekunst said they were in negotiations with Love's team.

Due to Love signing a one-year extension last offseason, the Packers couldn't give him another new deal until May 3. Once that date arrived, it felt like it was only a matter of time before it became official. But as the days and weeks have passed, there has still been no significant update.

So, why is it taking so long?

Adam Schefter reveals why Packers and Jordan Love haven't agreed on a new deal yet

With training camp nearing and no deal finalized, ESPN's Adam Schefter provided an update. He believes the massive extensions for Jared Goff and Trevor Lawrence have made an impact.

"For a while, the Packers could argue, 'Hey, we don't believe Jordan Love is worth the $55 million average the Bengals are giving Joe Burrow.' But then Trevor Lawrence comes in and gets $55 million per year. We're waiting for Tua Tagovailoa to get an extension," Schefter said on ESPN's NFL Live.

"The numbers have gone up at the quarterback position, so Jordan Love can just sit and wait for these quarterback deals to come in."

It makes sense.

While Love wants a new deal, it's a smart strategy to take his time. Had he agreed to terms in May, the deal may have been for $50 million per year. Perhaps it wouldn't even have hit that number. But Goff's extension hitting $53 million and then Lawrence making $55 million has changed the game.

That now feels like the starting point for Love's upcoming extension. But he still doesn't need to make a decision yet. Tagovailoa and Dak Prescott are due new contracts. What if the Dallas Cowboys pay Prescott close to $60 million?

Would the Packers have to make a similar offer?

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